Workflow
Markel: Operational Excellence Is Still Not Visible In Share Price
MKLMarkel (MKL) Seeking Alpha·2024-08-23 21:32

J Studios Introduction Markel Group Inc. (NYSE:MKL) has performed well since my article in September 2022. In about 2 years, the stock has risen by 29.3%. However, the stock is slightly lagging behind its sector peer Berkshire Hathaway Inc. (BRK.B) and therefore offers an attractive entry point. Markel's second quarterly earnings report shows a revenue decline of more than 10% year-on-year. This was mainly due to the lower market value of equity investments. Operationally, Markel performed well, achieving 1 ...